Lastest News in Credit Card Debt - July 06, 2009

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BusinessWise briefs: Credit card debt reductions - Cincinnati.com

6 Jul 2009 at 2:13am
Question: We heard that banks are negotiating with customers to take less than what is owed on credit cards. Is this true? Answer: Record numbers of Americans are falling behind on their credit card bills, but for many debt-laden consumers, there’s …

Credit card holders, watch for changes in terms as rules take effect - Dallas…

5 Jul 2009 at 11:21pm
Credit card holders, watch for changes in terms as rules take effect 01:28 AM CDT on Monday, July 6, 2009 By PAMELA YIP / The Dallas Morning News pyip@dallasnews.com The bulk of sweeping new credit card regulations won’t take effect until …

Banks, credit cards step up fees, a rare move in past recessions - Dallas Mor…

5 Jul 2009 at 9:55pm
Bounced check: $32. Stop-payment: $30. ATM charge: as high as $3. Even now, after all those bailouts, banks never seem to tire of dipping a little deeper into your wallet. Despite the tough economic times and increased scrutiny from Washington, they …

Prepaid gift cards don’t always keep their value - Fort Lauderdale Sun-Sentinel

5 Jul 2009 at 9:05pm
Shoppers cheered two years ago when Florida, along with other states, passed a widely publicized law outlawing expiration dates and service fees on prepaid gift cards. But what most consumers didn’t know: The increasingly popular cards bearing the …

New squeeze on credit cards - The Washington Times

5 Jul 2009 at 1:48pm
Credit card companies are slashing credit limits and imposing new fees to survive the economic downturn. American consumers, long accustomed to high limits and low rates, are feeling the squeeze. Last fall’s financial meltdown drove credit card …

From Haiti, a surprise: good news about AIDS - MSNBC

6 Jul 2009 at 12:40am
BLANCHARD, Haiti - When Micheline Leon was diagnosed with HIV, her parents told her they would fit her for a coffin. Fifteen years later, she walks around her two-room concrete house on Haiti’s central plateau, watching her four children play under …

Slain cab driver identified as Allen man - WFAA

6 Jul 2009 at 1:08am
The taxi driver who was killed during a robbery last week in rural Denton County has been identified as Hooshang Vatanpour, 56, of Allen. Vatanpour’s partially burned body was discovered Thursday by firefighters who were putting out a grass fire near …

Japan Stocks: Aeon Credit, Kurita, Pasona, Ube; Nissen Plunges - Bloomberg

5 Jul 2009 at 6:20pm
July 6 (Bloomberg) — Japan?s Nikkei 225 Stock Average fell 53.17, or 0.5 percent, to 9,762.9 as of 9:33 a.m. in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company …

Credit card spending growth in Korea picks up in June - Korea Herald

5 Jul 2009 at 5:59pm
South Koreans’ credit card spending rose at a double-digit rate for the first time in eight months in June, an industry association said Monday, pointing to a pick-up in domestic demand, according to Yonhap News. Spending via credit cards, excluding …

Bankruptcies low in states that don?t seize wages - Worcester Telegram & Gazette

6 Jul 2009 at 1:30am
This link highlights a dilemma for credit-card companies and other debt chasers: By going after wages ? an increasingly popular maneuver since the recession began, lawyers say ? they risk pushing consumers into bankruptcy court, where judges can …

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July 06 2009 01:36 am | Credit Card Debt News

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